Prior to the Creation of the Governmental Accounting Standards Board

Multiple Choice

Prior to the creation of the Governmental Accounting Standards Board in 1984, which of the following organizations had the greatest influence over accounting concepts, principles, and standards for state and local governments?

A) The National Council on Governmental Accounting (NCGA)
B) The National Association of College and University Business Officers (NACUBO) .
C) The American Institute of Certified Public Accountants (AICPA) .
D) The Comptroller General of the United States.